AMKOR Technology Inc. (NASDAQ: AMKR) is -11.03% lower on its value in year-to-date trading and has touched a low of $17.58 and a high of $44.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMKR stock was last observed hovering at around $32.90 in the last trading session, with the day’s loss setting it -3.3%.
Currently trading at $29.60, the stock is -7.01% and -18.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing -10.03% at the moment leaves the stock -9.65% off its SMA200. AMKR registered 5.87% gain for a year compared to 6-month loss of -11.77%.
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The stock witnessed a 3.39% gain in the last 1 month and extending the period to 3 months gives it a -8.42%, and is -10.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.55% over the week and 4.32% over the month.
AMKOR Technology Inc. (AMKR) has around 28700 employees, a market worth around $7.29B and $6.40B in sales. Current P/E ratio is 19.47 and Fwd P/E is 12.45. Profit margin for the company is 5.87%. Distance from 52-week low is 68.36% and -34.02% from its 52-week high. The company has generated returns on investments over the last 12 months (7.44%).
with sales reaching $1.84B over the same period.The EPS is expected to grow by 7.27% this year, but quarterly earnings will post 0.10% year-over-year. Quarterly sales are estimated to grow 1.10% in year-over-year returns.
AMKOR Technology Inc. (AMKR) Top Institutional Holders
534.0 institutions hold shares in AMKOR Technology Inc. (AMKR), with institutional investors hold 98.88% of the company’s shares. The shares outstanding are 245.89M, and float is at 97.93M with Short Float at 3.14%. Institutions hold 43.96% of the Float.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 14.22 million shares valued at $569.05 million. The investor’s holdings represent 5.7801% of the AMKR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.76 million shares valued at $$550.49 million to account for 5.5914 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 12.14 million shares representing 4.9334% and valued at over $485.71 million, while LSV ASSET MANAGEMENT holds 2.3804 of the shares totaling 5.86 million with a market value of $234.36 million.
AMKOR Technology Inc. (AMKR) Insider Activity
The most recent transaction is an insider sale by CHURCHILL WINSTON J,the company’sDirector. SEC filings show that CHURCHILL WINSTON J sold 20,000 shares of the company’s common stock on Aug 27 ’24 at a price of $32.97 per share for a total of $0.66 million. Following the sale, the insider now owns 19871.0 shares.
Still, SEC filings show that on Aug 15 ’24, Rutten Guillaume Marie Jean (President and CEO) disposed off 25,000 shares at an average price of $32.56 for $0.81 million. The insider now directly holds 224,971 shares of AMKOR Technology Inc. (AMKR).
